How To Fix TPM_AD114 - Interest rate for position &2 is not fixed at key date &1

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_AD - Treasury: Accrual/Deferral of Profits

• Message number: 114

• Message text: Interest rate for position &2 is not fixed at key date &1

What causes this issue?

The position &V2& that is to be accrued/deferred contains a business
transaction with fixing date &V1& whose interest rate is not fixed. This
is earlier than the key date of the accrual/deferral.
In the case of a linear compound interest calculation, the interest rate
for all business transactions in the position to be accrued/deferred
that occurred before the key date needs to have been fixed before
the accrual/deferral. This includes all business transactions performed
on the accrual/deferral key date.
INCLUDE DIFF_VALUE_DESCRIPTION OBJECT DOKU ID TX

System Response

The accrual/deferral cannot be performed.

How to fix this error?

Fix all interest rates in the position to be accrued/deferred up to the
key date (inclusive) and then perform the accrual/deferral again.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_AD114 - Interest rate for position &2 is not fixed at key date &1 ?

  The SAP error message TPM_AD114, which states "Interest rate for position &2 is not fixed at key date &1," typically occurs in the context of Treasury and Risk Management (TRM) when dealing with financial instruments, particularly in the area of interest rate management.
  Cause:
  This error indicates that the interest rate for a specific financial position (identified by &2) is not fixed or defined for the specified key date (identified by &1). This can happen for several reasons:
  
  Missing Interest Rate Data: The interest rate for the financial instrument may not have been set up correctly in the system for the specified key date.
  Incorrect Key Date: The key date being used may not correspond to a date for which the interest rate is applicable or has been defined.
  Instrument Type: The financial instrument may not have a fixed interest rate, or it may be a floating rate instrument that requires a different handling.
  Configuration Issues: There may be configuration issues in the Treasury module that prevent the system from retrieving the correct interest rate.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Interest Rate Setup:
  
  Navigate to the relevant transaction in SAP where interest rates are maintained (e.g., transaction code TPM1 for interest rate instruments).
  Verify that the interest rate for the financial position is correctly defined for the key date in question.
  
  
  
  Review Key Date:
  
  Ensure that the key date you are using is valid and corresponds to a date for which interest rates are applicable.
  If necessary, adjust the key date to a valid one.
  
  
  
  Instrument Type Verification:
  
  Confirm that the financial instrument in question is supposed to have a fixed interest rate. If it is a floating rate instrument, ensure that the system is set up to handle it appropriately.
  
  
  
  Configuration Check:
  
  Review the configuration settings in the Treasury module to ensure that all necessary parameters for interest rate determination are correctly set up.
  Consult with your SAP Basis or functional consultant if you suspect configuration issues.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on managing interest rates in Treasury and Risk Management.
  
  
  
  Testing:
  
  After making any changes, perform a test to ensure that the error no longer occurs and that the interest rate is correctly applied.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as TPM1 (for managing interest rate instruments), TPM2 (for managing positions), and TPM3 (for reporting).
  SAP Notes: Check for any SAP Notes related to this error message for potential patches or updates that may address the issue.
  User Forums: Engage with SAP community forums or user groups for insights from other users who may have encountered similar issues.
  
  By following these steps, you should be able to identify the root cause of the TPM_AD114 error and implement a solution to resolve it.